Comparison –  Indianinfoline Vs Way2Wealth

IIFL Way2wealth
Year of Incorporation 1996 1984
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL/CDSL NSDL, CDSL
Brokerages
Equity 0.05% Intraday & 0.5% Delivery – Negotiable
0.04% for Intraday, 0.4% for Delivery – Negotiable
Equity Futures 0.05% of Turnover – Negotiable 0.04% of Turnover – Negotiable
Equity Options Rs 100/lot – Negotiable Rs 50/lot – Negotiable
Currency Futures Rs 25/lot – Negotiable 0.04% of Turnover – Negotiable
Currency Options Rs 10/lot – Negotiable Rs 50/lot – Negotiable
Commodity 0.03% – Negotiable 0.04% of Turnover – Negotiable
Account opening charges
Trading and Demat Rs 750 NA
Only Trading NA 350
Commodity Nill 100
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 22 days on NEST
Margins & Leverage Provided
Equity Upto 20 times Intraday, &3 times for Delivery@interest
Upto 6 times for Intraday, 0 for Delivery
Equity Futures Upto 3 times for Intraday Upto 2 times for Intraday
Equity Options Buying no leverage, Shorting upto 3 times No Leverage
Currency Futures Upto 2 times for Intraday Upto 2 times Intraday
Currency Options Buying no leverage, Shorting upto 2 times No Leverage
Commodity Upto 3 times for Intraday Upto 3 times Intraday
Serviceable
3 in 1 Account NO No
Instant Fund withdrawal NO No
Instant Fund Transfer YES YES
Relationship Managers YES YES